allied News

For Allied World, Is No Deal a Better Deal?

Allied World Assurance Co. Holdings Ltd.’s withdrawal from a bidding race for Transatlantic Holdings may have cost it the chance to beef up its portfolio, but a nimbler Allied may be better able to navigate choppy markets. Zurich-based Allied’s stock …

Insurance Companies to Pay $50K Penalty to Iowa

Allied Property and Casualty Insurance and six affiliated companies have agreed to pay a $50,000 penalty to the state of Iowa for overcharging on more than 1,700 Iowa auto insurance policies. The Gazette said that coding errors caused the companies …